Overview
What is Council On Foundations Inc?
Council on Foundations Inc, based in Washington D.C., is a renowned nonprofit organization dedicated to the advancement of philanthropy. They offer educational programs and resources to their members, equipping them with tools to improve their operations. The Council fosters a community of diverse and skilled philanthropic professionals and organizations, promoting integrity, ethical stewardship, and advocacy for progress. They facilitate networking opportunities, promote professional development, and partner with peer philanthropy serving organizations globally to amplify their impact. With a team of 44 employees, Council on Foundations Inc serves as a trusted partner in supporting philanthropy to contribute to the greater good.
Official website here: www.cof.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Council On Foundations Inc has achieved a commendable rating of 87% from Charity Navigator, signifying a strong level of accountability and finance management. With an impressive score of 100% for independent board members and robust financial oversight, the organization demonstrates a commitment to transparency and effective governance. Additionally, they have shown diligence in maintaining conflict of interest, whistleblower, and document retention policies.
Strengths highlighted in the data include high scores in both the Culture & Community (91%) and Accountability & Finance categories, emphasizing the organization's efforts to foster a supportive environment and engage constituents effectively. Their program expense ratio, however, suggests that only about 58.94% of their funds go directly to programs, which may be an area to watch for potential improvement in resource allocation.
While the organization exhibits strengths in equity strategies and feedback collection, with perfect scores in constituent feedback and its usage, there is room for further development in equity policies and processes where they received a score of 5 out of 7. Overall, the Council On Foundations Inc is a well-regarded nonprofit with solid governance practices and a commitment to community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Council On Foundations Inc legitimate?
Council On Foundations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Council On Foundations Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,095,634
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,444,037
For more financial information, click here
Official website here: www.cof.org
What is the mission statement of Council On Foundations Inc?
The Council on Foundations Inc's mission is to promote a conducive environment for philanthropy, allowing it to play a significant role in advancing societal welfare. They foster a community of skilled and ethical philanthropic professionals and organizations, encouraging them to lead with integrity and advocate for progress. The organization offers educational programs and resources, equipping its members with the necessary tools to enhance their operations. Networking opportunities, professional development, and bridge-building among foundations both domestically and internationally are also provided by the Council. By partnering with peer philanthropy serving organizations, they aim to amplify their efforts.
Official website here: www.cof.org
Who is the CEO of Council On Foundations Inc?
Kathleen P Enright is the President & Ceo of Council On Foundations Inc. The CEO's salary of Council On Foundations Inc is $512,670 and their total compensation is $547,357.
Official website here: www.cof.org
What is the revenue of Council On Foundations Inc?
Council On Foundations Inc's revenue in 2022 was $11,512,682.
Official website here: www.cof.org
Who are the executives of Council On Foundations Inc and what are their salaries?
The average compensation at Council On Foundations Inc during 2022 was $125,902. There are 44 employees and 150 volunteers at Council On Foundations Inc.
Here are 30 key members and their salaries (Council On Foundations Inc's CEO's salary is $512,670 and their total compensation is $547,357):
- Compensation: $512,670
- Related: $0
- Other: $34,687
- Compensation: $218,455
- Related: $0
- Other: $49,308
- Compensation: $198,824
- Related: $0
- Other: $29,726
- Compensation: $202,428
- Related: $0
- Other: $23,437
- Compensation: $191,880
- Related: $0
- Other: $24,114
- Compensation: $185,821
- Related: $0
- Other: $29,534
- Compensation: $180,740
- Related: $0
- Other: $22,214
- Compensation: $162,714
- Related: $0
- Other: $29,082
- Compensation: $142,577
- Related: $0
- Other: $30,831
- Compensation: $124,149
- Related: $0
- Other: $29,139
- Compensation: $126,699
- Related: $0
- Other: $23,852
- Compensation: $133,462
- Related: $0
- Other: $16,487
- Compensation: $125,184
- Related: $0
- Other: $15,831
- Compensation: $0
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Official website here: www.cof.org
Where can I find the form 990 for Council On Foundations Inc?
Council On Foundations Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cof.org
Learn more at the official website: www.cof.org
Mission Statement of Council On Foundations Inc
The Council on Foundations Inc is dedicated to fostering an environment where philanthropy can thrive and flourish. This organization serves as a catalyst, cultivating a community of diverse and skilled philanthropic professionals and organizations. By promoting integrity, these individuals and organizations strive to function as ethical stewards, advocating for progress in various sectors. The Council on Foundations provides its members with educational programs and resources, ensuring they possess the necessary tools to innovate and improve their operational strategies. Additionally, it facilitates networking opportunities, fosters professional development, and bridges connections between foundations across the nation and globally. Through these efforts, the Council on Foundations seeks partnerships with peer philanthropy serving organizations, aiming to amplify their impact.
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Impact
October, 2024
Council On Foundations Inc has a significant impact on the landscape of philanthropy by fostering an environment that supports and enhances the effectiveness of philanthropic efforts. Through various member services, the organization provides educational programs and resources tailored to address critical issues and topics affecting the philanthropic sector. This equips its members with essential tools that enable them to operate more effectively and efficiently.
The Council also emphasizes networking opportunities, facilitating connections among foundations across the nation and globally. These interactions promote collaboration, knowledge sharing, and the exchange of best practices, thereby strengthening the entire philanthropic community.
In addition, Council On Foundations Inc prioritizes professional development, ensuring that philanthropic professionals are well-equipped with the skills and knowledge necessary to navigate the sector's complexities. By cultivating a community of diverse and skilled individuals who lead with integrity and advocate for ethical stewardship, the Council contributes to the advancement of progress and positive change in society.
Overall, the Council's efforts not only support individual foundations but also amplify the collective impact of philanthropy, making significant strides toward the greater good.
This information is meant to be a general summary of Council On Foundations Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $113,521
- Program Service Revenue: $8,020,970
- Gross Receipts: $11,512,682
Assets and Liabilities:
- Total Assets: $37,611,812
- Total Liabilities: $7,165,765
- Net Assets: $30,446,047
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$6,946,187
REGISTRATION & FEE INCOME
Revenue
$540,891
MANAGEMENT
Revenue
$273,334
PUBLICATIONS
Revenue
$156,316
ONLINE JOB BANK
Revenue
$104,242
Organization Details
Founding Year
1957
Phone
(202) 991-2225Principal Officer
Kathleen P Enright
Main Address
1255 23RD STREET NW 200, WASHINGTON, DC, 20037
Website
www.cof.orgNTEE Category
Code: T500 - Philanthropy
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